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Macro Finance

Turkey Removes Market Regulator Chief During Fund Crisis

Bloomberg Markets·October 19, 2026·1 min read

Turkish President Recep Tayyip Erdogan removed market regulator chief Mahmut Sutcu following his resignation bid amid a fund crisis that has disrupted the country's markets. The shake-up comes as Turkey grapples with financial instability, with the regulator's leadership change aimed at restoring confidence. The crisis has raised concerns among investors about market oversight.

Read at Bloomberg Markets
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